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Cost of International Education in Shanghai

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Cost of International Education in Shanghai COST OF INTERNATIONAL EDUCATION IN SHANGHAI An international school in Shanghai is an excellent education path that parents can choose to provide for their children. This offers students a diverse learning environment, with exposure to different cultures and a wide variety of curricula. It is important to make sure you choose the right school for your family which you can comfortably afford. To help you navigate your way through the school selection process, you may find the information below useful. Annual tuition fee at 22 international schools in Shanghai WELLINGTON COLLEGE INTERNATIONAL SHANGHAI ¥302,291.67 DULWICH COLLEGE SHANGHAI ¥273,500.00 HARROW INTERNATIONAL SCHOOL SHANGHAI ¥272,487.50 SHANGHAI AMERICAN SCHOOL ¥270,500.00 CONCORDIA INTERNATIONAL SCHOOL, SHANGHAI ¥263,250.00 NORD ANGLIA INTERNATIONAL SCHOOL SHANGHAI ¥254,452.38 BRITANNICA INTERNATIONAL SCHOOL, SHANGHAI ¥240,220.00 WESTERN INTERNATIONAL SCHOOL OF SHANGHAI ¥210,030.00 SHANGHAI COMMUNITY INTERNATIONAL SCHOOL ¥208,562.50 YK PAO SCHOOL ¥186,500.00 LYCEE FRANCAIS DE SHANGHAI ¥173,716.67 NORD ANGLIA CHINESE INTERNATIONAL SCHOOL ¥171,500.00 SHANGHAI CONCORD BILINGUAL SCHOOL ¥166,666.67 HONG QIAO INTERNATIONAL SCHOOL ¥159,830.00 SHANGHAI LIVINGSTON AMERICAN SCHOOL ¥141,125.13 ST. PAUL AMERICAN SCHOOL, SHANGHAI ¥132,569.00 SHANGHAI HD BILINGUAL SCHOOL ¥108,116.67 SHANGHAI HIGH SCHOOL INTERNATIONAL DIVISION ¥105,333.33 THE SMIC PRIVATE SCHOOL SHANGHAI ¥96,875.00 VANKE BILINGUAL SCHOOL ¥91,500.00 FUDAN INTERNATIONAL SCHOOL ¥76,000.00 SHANGHAI JINCAI INTERNATIONAL SCHOOL ¥66,400.00 ¥0 ¥50,000 ¥100,000 ¥150,000 ¥200,000 ¥250,000 ¥300,000 ¥350,000 *Fees illustrated include application fee, annual tuition fee, admission fee, building/facility/development fee Source: various international school websites as of October 2018 1 COST OF INTERNATIONAL EDUCATION IN SHANGHAI SOARING SCHOOL FEES Based on an international school fees survey conducted by ExpatFinder, fees at international schools skyrocketed by a staggering 19% from 2017 to 2018 globally, compared to 2% in the previous year. Schools in China, Singapore and Hong Kong sit within the top 10 for most expensive international school fees worldwide. China rose 2 spots to the top this year, propelled by a 16% increase in annual charges which has surpassed ¥230,000. Yearly international school fees around the world Rank Country Rank Country 1 China 6 Canada 2 Switzerland 7 Italy 3 Belgium 8 Germany 4 United Kingdom 9 Hong Kong 5 Singapore 10 France Source: ExpatFinder, International School Fee Survey 2018 Additional costs to consider Aside from school fees, there are a number of extra expenses you will incur, including: • school meals and bus transport; • school uniforms, textbooks, stationeries, and other learning resources; • examination fees; and • extra-curricular activities, excursions and overseas field trips. In total, these expenses could easily set you back by another several thousand yuan per child per year. How we can help With the increasing cost of living, we can expect international school fees to be consistently trending upwards and with interest rates remaining at all-time lows, it is sensible to ensure that your income and investments are working as hard as possible for you. Ultimately, it is important that you are offering your children the best possible start by giving them access to the best educational opportunities available. To find out more about education fee planning, please contact your St. James’s Place Partner. The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. St. James’s Place Wealth Management Tel: +86 21 8028 5300 | Email: [email protected] | www.sjp.asia St. James’s Place (Shanghai) Limited 20/F, Tower 1, Jing An Kerry Centre, 1515 Nanjing Road West, Shanghai, China 200040 The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives. Members of the St. James’s Place Partnership in Shanghai, Beijing and Shenzhen represent St. James’s Place (Shanghai) Limited, St. James’s Place (Shanghai) Limited Beijing Branch and St. James’s Place (Shanghai) Limited Shenzhen Branch, which are part of the St. James’s Place Wealth Management Group and are Wholly Foreign Owned Enterprises (WFOEs). WFOE registration Nos. 91310000566573326L, 91110105MA017YPH7A and 91440300MA5ER5YL82. St. James’s Place Wealth Management Group plc Registered Office: St. James’s Place House, 1 Tetbury Road, Cirencester, Gloucestershire, GL7 1FP, United Kingdom. Registered in England Number 4113955. Please note that due to local legislation we are unable to offer our financial planning services to nationals of the People’s Republic of China. SJPA9243 V1 (10/18) CN.
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